摘要:Complete European economic integration, by introducing the single currency seen as a symbol of unification, supports the formation of the common identity of Euro pean Union (EU) citizens and, at the same time, represents a catalyst for further integration. Although the increasing heterogeneity, as an effect of European enlargement process and especially o f the last two waves, is seen as a single internal market and single currency risk, Economic and Monetary Union (EMU) is an important step towards deepening economic integration process. It is well kno wn that the convergence reports elaborated and presented by the European Commission (EC) and European Central Bank (ECB) indicate whether an evaluated Member State (MS) fulfils or not the nominal convergence criteria, formulating the conclusion regarding the country stage on its way to the complete economic integration, in other words whether the evaluated state is ready to adopt the euro single currency. In this paper, we propose to present and analyze, based on statistical data, the progress of the nominal requirements by Member States in achieving the goal of joining the euro zone
关键词:Economic and Monetary Union; no minal co nvergence; HICP inflation; general government surplus/deficit; ;general government gross debt; exchange rate mechanism (ERM); long-term interest rate